- Search Metals Mine
- oakmonster replied Sep 11, 2010
Presumably, the "regulated" broker would be forced to keep client deposits in an account segregated from company funds so in the event of a bankruptcy, you would at least get your initial capital back. However that is no guarantee so keep to the ...
When broker goes bankrupt
- oakmonster replied Sep 11, 2010
Wrong. Same broker, different name. Poltek changed to FBS to avoid the extremely bad name Poltek had. Do you work for them or something?
FBS broker scam?
- oakmonster replied Sep 8, 2010
Thats right. Poltek changed names to distance themselves from a very bad name and a lot of scam reports. Do not touch FBS with a 10 ft pole.
FBS broker scam?
- oakmonster replied Aug 24, 2010
I don't think any of this is going to stop anyone in the US hiding something in a offshore account.
US citizens won't be able to have forex accounts overseas
- oakmonster replied Aug 24, 2010
You only need to look at the websites for an update... AEcnFX still has Mauritius on their spartan (under construction) website. They had plans to have a proper site in May, but appear to have been scuppered. FXCompany are still under the delusion ...
FXOpen and Basel Financial banned by the Mauritius
- oakmonster replied Jul 18, 2010
Hmm, after seeing this strat in one form or another I'm interested in giving it a demo, but on ECN. Quick pips

Scalping the Rainbow
- oakmonster replied Jul 14, 2010
Micro lots would be aggregated and processed via STP since ECN cannot process such small amounts. If so, you wouldn't see these individual orders on the order book directly, but they may appear in an aggregated order of a larger amount on the ECN ...
Dukascopy
- oakmonster replied Jul 11, 2010
And what is Mauritius? A tiny little island in the middle of the Indian Ocean. I wouldn't be surprised if the Mauritius FSC is just some guy on the beach sipping pina coladas out of a coconut all day.
Anyway, while they still have liquidity in ...Issues with FXOpen
- oakmonster replied Jul 9, 2010
Of course I'm putting aside signal services, and other accusations against "Felix". I'm just saying the scam investigations section is a good thing. That doesn't help those who trade outside of the US does it?
I don't know about that. The ...how to spot scam brokers?
- oakmonster replied Jul 8, 2010
That FPA is a scam site is being spread by Instaforex, a russian bucketshop listed as a scam on the FPA site after they couldn't answer a few simple questions regarding a claim against them by a client. I think FPA is a good thing. Many a trader has ...
how to spot scam brokers?
- oakmonster replied Jul 8, 2010
I had a account with them a few years ago. They are a Market Maker and not a very good one. The trade execution on their platform is terrible.
Anyone using Saxobank as a broker?
- oakmonster replied Jun 24, 2010
I like simple things like this. I just bunged $10 on a micro to demo it. I like to demo with a live micro rather than demo especially when using market orders. You get real results rather than perfect execution and fills.
PM Forex Strategy
- oakmonster replied Jun 24, 2010
Oanda is just a bucketshop in disguise. Pretending to be legit because they are big.
Oanda trade rejected
- oakmonster replied Jun 24, 2010
Funny. All the companies that had the licence suspended haven't changed their websites and seem to be remaining under the delusion that they are still with the FSC. Edit: Actually fxopen is the only one who has..
FXOpen and Basel Financial banned by the Mauritius
- oakmonster replied Jun 23, 2010
I deposited enough to start with. I like to just skim the profits off the top and leave my risk capital there as margin.
Withdrawing Cash Flow from Forex
- oakmonster replied Jun 22, 2010
I think I get it.... This system is not trading. It's playing with the noise between sessions. My first few scalps on my micro account went well. I took 50, very over leveraged pips and gained 50%


The Dance
- oakmonster replied Jun 22, 2010
I do my main trades from home, then keep an eye out on the trades from the office, maybe do the odd scalp if work is boring me
.Trade at home or at the office?
- oakmonster replied Jun 22, 2010
My regime is simple. Every week, if I have profit sitting there in my balance by Friday afternoon, I withdraw it all!
I have only risk capital in my account now and I want to keep it that way. Pro traders don't make a living out of Forex. It's a ...Withdrawing Cash Flow from Forex